Are we WHERE yet?

Thats a terrific or horrific question that my kids use to ask after starting a trip to grandma's house
that was a 2 hour trip, so you can imagine the frustration after only 30 minutes into the trip

So where are we now?

At Major resistance now and even next week ??
SPX 752 , the Nov 20th closing low
but the dow is far from 7550 and another resistance point at 7190

My PROPRIETARY internals gave a SELL yesterday
see below

Heres the numbers
date--- A/D --Vol ratio------arms------a/d ave----vol ave---- 5trin----10trin
Mar6---314-------261-------- 164.2------62.8--------582-------821------1386
Mar12---2648----4965-------{62.4}-------529.2------993----{312}-----1169

The 5 day ARMS & 5 day TRIn in bold above
one is an aver, the other is a cumulative
at 62.4 & 312 those values are BOTH GROSSLY {{{ OVERBOT}}} as SHORT term indicators

Also on March 6th, the first 2 numbers @ 314 & 261 are
well under the 400 threshold for a buy signal
*************
NOW look at Mar12 numbers 2648 & 4965--
those are the highest values for those 2 indexes in 2 years
And whats more remarkable is the brevity of time of 3 days

Futures are meekly pointing higher this am for one more bump up against resistance
at 10;15am where there is a moon 120 Neptune
AhHHH yes
Neptune, planet of ILLUSION with the Moon a lower vibration of Neptune


Some have projected the spx to 770 as near term resistance
If that is the goal, then it would suggest option expiration for that level
However, something else stands in the way mid week

Heres my simple math model
750-670= 80 pt gain
770-80 = spx 690 - March 18th target
puts the dow at 6700

In Elliott terms, this is an A-B-C or 3 legged formation
"A" is today at 10am
"B" is March 18
"C" is Mar 20

The NEXT BIGGER LEG lower is on schedule for April3rd
maybe a new low ??

More Later
Jay